The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1887-09-24
Purchase of Bonds Continues.
officials Note With Satisfaction thu
Reception OF the Circular.
The Public willing to Part With
4 Per tent. Bonds.
Over q Million Dollars Worth Pur.
chased Yesterday.
Commissioners OF the General Land
once Completes tho Adjust
ments Of Nine Railroad
Grants.

W oofh'aboa AlOto-
ury officials note with satisfaction the
reception by the financial world OF
yesterdays circular. 1t is especially
grstifyin ing to them to learn that the
public is willing to part with 4 per
cent. bonds at the price offered by the
department. Before noon today Act.
ing Secretary Thompson receive Of
fsrs to sell bonds-s me- ,rity Of them
4 per csnts-to the amount OF 81, OO0,.
900. In addition to this, offers made
by local banks on their own account
and as acting sgents for out q town
frms, have been received at the public
moneys division Of the department to
an amount not Of present sscertainablf.
Altogether, the outlook 70 regarded at
the department q, much brighter, o. d
the belief Is freely expressed that the
danger of money panic has been
averted. at least for the present, by
the last action Of Secretary Thomo.
SON. v nei encouraging features ihey
say, sre iounu I'D the daily sIateL eni
OF government receips and expend.
lures. They chow that since the mid.
die OF the month ABOUT So 500, 600
nave oeen M uIsouisen on aecoun oil
p hsions, ins hppa,eh! surplus ilr
ule moD'n ~ mus lelt ~ slf,oOJ,O'O'
but none Oh tne ponos pufcn ased are
lsKen lnt9 account ID TINS oaily eta'e'
ment, ano u ueineuons are MADE on
thls Soeount ahu Ior prepayment 81
interest, We ioA' hu.p US re,elp's Iyt
w hiuV' " 'ne uionh Vi oePleu,p
hs uhn ehpreu WI nc reduced 10
something IKE fo,uVJ'OOO'
ADJU-rNRST or RAILROAD GRANT,
The Commissioner CT the General
Land Ofica hal completed he sdiust.
nent Of nice railroad g,snis onI #
the vhole number nf Tusb gr,uts
NEEDING fcrsAi nsnt. three Of vhish
nave been reported 20 the Secretary
of the Interior. agd tho remand y
are being prepa-sd for ,ransmittal.
The Lard Office a-ju.tment in thesa
cases snow that the ~. joseph end
Danver Oity Railroad COMPANY hnvr
received 22 27s acre Of Ian In Ne.
bra ka outside Of railroad limits. end
that the clmpaby would bs entitled
10 l4S 95g acr, q more n an receive A
there were lands wi hin limit subi.ci
10 selection, II IL unde,ttood ina,
nearly all thu lands have been *.
hausted, aud therefore tina, tbis prlnt
In practically closed In tho other
eight cases the adjnstmeut shows
an aggregate OF 1853 ass gcres have
been erroneously patented or certifl 4
In excess OF the amounts duo unde
the grants, and that the ssme com.
paniea have a led Isis OF ralrotiops ~
erega'ing I,64i,3s4 screa in addition,
makirg a total Of 1887 ,s64 acres re-.
csivpd ard claimed IN excess Of the
grants. The eight rofds mentioned
are the following:
Sioux CITY aud 81. Paul Railroad
Company. Of Ilwa-Excsss patented,
100, $40. ipAfr-f recouv we'd 10 Uniisd
States by s ATE OF lows, 20 OH 80
acre.; recovered By other comp mics,
Al ,eS7.52 tcres; net excess patented,
lOl ,0ii acres.
q, dar Rapids and Missouri River
Railroad Company. IawA-Exc. rs coz.
titled, l2S,0lS ncteB; awarded 70 other
companiss nv United 5 stes s ipteme
Court, 100 700 acres; remginii q x
cees, is s03 acfes ad i,ionai ~ 0eoiiors
pe1di, Y, 26lS ceres. Totp rfmai lag
exc, ~ aod tIsai 81 eiilcu, 20 s7g
acre.
Clicsgn, \. Paul, MiLnfanniie and
Omaha Railroad Company-wisconsiu
AAts satit6 d by pa ent iesuad, OF.
cvfs selections pending. 2I6 COS acres,
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